Annual Cost Comparison

CONVENTIONAL OFFICE vs VIRTUAL OFFICE

Annual Cost Comparison

Globalization has called for businesses to be run in a manner no one could have ever imagined even years ago. The introduction of the World Wide Web has revolutionalized the concept of how businesses are run in today's ever changing business climate.

HOW DO CONVENTIONAL OFFICE AND VIRTUAL OFFICE COMPARE?

CONVENTIONAL OFFICE VIRTUAL OFFICE
Average cost of rental @ SGD 7000
per month without cost of setting up
SGD 84000.00 N/A
Cost for land phone line rental
SGD 100.00 per month = SGD 1200.00 per year
SGD 1200.00 N/A
Cost for business internet
PHP 159.00 per month = PHP per year
PHP 1908.00 N/A
Utility Bills ie. electricity and water @
SGD 200.00 per month
SGD 2400.00 N/A
PA/Receptionist employment @ SGD 3000.00
per month
SGD 36000.00 N/A
Cost of initial office set-up ie. renovation
and furniture @ SGD 50000.00
N/A
*Tenancy contract of 2-3 years and
re-instatement cost
N/A
ANNUAL COST COMPARISON &
SET-UP FEE
SGD 125,508.00 SGD 1274.00

what are the benefits of a virtual office solution

While the advantages of working from a home/virtual office may seem obvious to you (more freedom, more flexibility, the opportunity to be at home with your kids) there are probably even more benefits that you haven't thought of. Here are a few:

Reduction in stress levels from not having to drive in congested traffic to and from work.
Time saved not commuting to an office.
Monetary benefits from savings in gas, wear and tear on your car, business clothing, and lunches out.
Benefits from being able to manage your time more effectively.
Productivity benefits from being able to work when you are most productive.
Health benefits of being able to eat a better diet that includes less fast food.
Opportunities to get physical exercise when needed mentally.
Reduced stress benefits.
Benefit of living a more balanced life.
A more relaxing work environment.